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Tuesday, July 22, 2008

THE INVISIBLE HAND OF POLICY IS WORKING

The unravelling of the merger between Reliance Communications (RCOM) and South Africa’s MTN and the travails of the Ranbaxy-Daiichi Sankyo deal highlight the changed economic environment in India. If it came to pass, the RCOM-MTN deal would have created an international telecom giant with a subscriber base of 120 million from the Cape of Good Hope to the Himalayas..

Hindustan Times

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